South African Crypto Exchanges Revix and Bitfund Merge to Launch Altify

South African Crypto Exchanges Revix and Bitfund Merge to Launch Altify

Altify, a new alternative investment platform, has been launched as a result of the merger between South African crypto exchanges Revix and Bitfund with an Austrian digital asset platform. With the aim of providing investment opportunities typically reserved for large institutions and the ultra-wealthy to ordinary South African investors, Altify offers access to private credit, venture capital, real estate, crypto assets, and collectibles. The merger transaction garnered the support of various shareholders, including Sabvest and Calm/Storm Ventures, illustrating the confidence and potential of this new venture in the alternative investment space.

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Alternative Investment Opportunities a Preserve for the Wealthy

Alternative investment opportunities have long been considered a preserve for the wealthy, with access limited to large institutions and the ultra-wealthy. However, a new merger deal between two South African crypto exchange platforms, Revix and Bitfund, and an Austrian digital asset platform is set to change that. Together, they have launched a new alternative investment platform called Altify, with the goal of providing ordinary people, particularly younger investors, with access to these lucrative investment opportunities.

Traditionally, alternative investments such as private credit, venture capital, real estate, crypto assets, and collectibles have been out of reach for many individual investors. These investment opportunities have typically been reserved for high-net-worth individuals and institutional investors. However, Altify aims to disrupt this status quo and democratize the alternative investment space, making it accessible to a broader range of investors.

Merger Deal Backed by Shareholders

The merger between Revix, Bitfund, and the Austrian digital asset platform has received strong support from their respective shareholders. Notable investors who back this merger include Sabvest, CVVC, Founders Factory, Emurgo, High-Tech Gründerfonds, and Calm/Storm Ventures. Additionally, angel investors Frank Westermann and Johann “Hansi” Hansmann have thrown their support behind the merger deal.

This shareholder support not only validates the potential of Altify but also showcases the confidence investors have in the new entity’s ability to disrupt the alternative investment landscape in South Africa and beyond. With such strong backing, Altify is well-positioned to make a significant impact in the investment industry.

About Altify

Altify is a newly-formed alternative investment platform that aims to provide everyday investors with access to a wide range of alternative investment opportunities. Headquartered in London, Altify brings together the expertise and resources of Revix, Bitfund, and an Austrian digital asset platform to create a robust platform that caters to the needs of investors seeking diversification in their investment portfolios.

The platform is designed to be user-friendly and intuitive, making it easy for investors to navigate and explore various alternative investment options. Altify’s goal is to empower investors by providing them with the necessary tools and resources to make informed investment decisions and tap into the potential of alternative investments.

The Goal of Altify

The overarching goal of Altify is to democratize the alternative investment space. By bringing alternative investment opportunities typically reserved for the wealthy to the average investor, Altify aims to level the playing field and provide everyone with an equal chance to benefit from the growth and potential of these investment avenues.

The platform recognizes that traditional investment options may not always provide the desired returns or diversification that investors seek. By offering alternative investment opportunities, Altify aims to provide investors with a broader range of options to achieve their financial goals. Whether it’s investing in private credit, venture capital, real estate, crypto assets, or collectibles, Altify aims to empower investors with the tools and resources they need to succeed.

Leadership of Altify

Altify is led by experienced industry professionals who bring a wealth of knowledge and expertise to the table. Sean Sanders, the founder of Revix, has been appointed as the CEO of Altify. With his deep understanding of the crypto industry and alternative investments, Sanders is well-positioned to steer Altify towards success.

The leadership team also includes executives from Bitfund and the Austrian digital asset platform, ensuring a diverse range of skills and perspectives. This strong leadership foundation sets the stage for Altify’s growth and success in the alternative investment space.

Expansion Plans

Altify’s ambitions extend beyond the South African market. While the platform has already established a strong position in South Africa, it aims to expand its reach further into the bigger EMEA (Europe, Middle East, and Africa) region. By positioning itself as the go-to alternative investment platform in the region, Altify aims to tap into a broader investor base and provide access to alternative investment opportunities to a wider audience.

This expansion plan showcases Altify’s belief in the untapped potential of the alternative investment market. By targeting the EMEA region, Altify aims to capitalize on the growing interest in alternative investments while meeting the increasing demand from investors seeking diversification and higher potential returns.

Bringing Alternative Investments to South African Investors

Altify’s launch is particularly significant for South African investors. Historically, alternative investment opportunities have been limited in the region, with access restricted to a select few. Altify aims to change that by providing South African investors, especially younger individuals, with the tools and resources to make informed investment decisions in the alternative investment space.

By offering alternative investment options such as private credit, venture capital, real estate, crypto assets, and collectibles, Altify opens up new avenues for South Africans to diversify their investment portfolios and access previously unavailable opportunities. This democratization of alternative investments has the potential to reshape the investment landscape in South Africa and empower a new generation of investors.

Supported by Shareholders

The merger deal that led to the formation of Altify has received strong support from shareholders. This support is crucial in validating the potential and viability of the new entity. The backing from prominent investors and angel investors demonstrates their confidence in Altify’s mission to disrupt the alternative investment space and provide investors with access to previously inaccessible opportunities.

This shareholder support also provides Altify with the necessary resources and credibility to execute its expansion plans and attract a broader investor base. With the backing of industry leaders and prominent investors, Altify is well-positioned to succeed in its mission to democratize alternative investments.

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Benefits of the Merger

The merger between Revix, Bitfund, and the Austrian digital asset platform brings several benefits to the newly-formed Altify. By combining their respective expertise and resources, the three entities create a synergistic platform that offers a diverse range of alternative investment opportunities.

Investors using Altify can benefit from the platform’s user-friendly interface, intuitive navigation, and comprehensive investment options. The merger also enhances Altify’s investment reach, allowing more investors to access previously unattainable opportunities.

Furthermore, the merger strengthens Altify’s position in the market, providing the platform with a competitive edge. By combining the strengths of Revix, Bitfund, and the Austrian digital asset platform, Altify establishes itself as a formidable player in the alternative investment space, well-positioned to drive innovation and shape the future of investment opportunities.

Changing Perceptions

Another important goal of Altify is to change the perception that only individuals in their 60s should invest in alternative assets. By democratizing alternative investments and making them accessible to a wider audience, Altify aims to showcase the potential of these investment opportunities to investors of all ages.

Investing in alternative assets can provide diversification benefits and the potential for higher returns. Altify aims to educate investors about the benefits of alternative investments and dispel the notion that they are only suitable for a select group. By doing so, Altify hopes to encourage a broader range of investors to explore alternative investment options and unlock their potential for financial growth.

In conclusion, Altify is a newly-formed alternative investment platform that aims to disrupt the traditional perception of alternative investments being reserved for the wealthy. By democratizing alternative investment opportunities and making them accessible to individual investors, Altify empowers a broader audience to tap into the growth and potential of these investments. Supported by prominent shareholders and led by experienced industry professionals, Altify is well-positioned to redefine the investment landscape in South Africa and beyond. With its expansion plans into the bigger EMEA region, Altify aims to capitalize on the growing interest in alternative investments and provide investors with a wide range of options to achieve their financial goals.

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